JPMorgan

It’s called orientation and training and it’s such a rare and unique time in junior mistmakers’ lives that one guy recounted his own experience to Dealbook as though it was the greatest thing that ever happened to him. Read more »

  • 11 Jun 2014 at 3:03 PM

Layoffs Watch ’14: JP Morgan

According to CFO Marianne Lake, the bank may be forced to sacrifice some employees (and bonuses) for the greater good. Read more »

Before Cristina Monteiro, a managing director at JPMorgan Chase & Co. (JPM), flies abroad, she first checks to see where her colleagues will be sitting — and then chooses her own seat on the other side of the plane. “I don’t want to sleep with anyone from my office,” said Monteiro, 53, about the prospect of having a male co-worker as a seatmate on an overnight flight. “I’m very upfront about it. It’s awkward.” [Bloomberg]

JP Morgan Chase & Co.’s fairly quiet shareholder meeting in Tampa, Fla., disappointed two locals. They came for entertainment, but all they got was a free lunch. John Williams, 34, and Chris Taylor, 40, drove about 20 minutes to the J.P. Morgan office complex about 10 miles east of downtown Tampa. The Tampa locals arrived at 8 a.m. prepped with fold-up picnic chairs, a cooler of food and a gallon bottle of water expecting protesters, Messrs. Williams and Taylor said…Messrs. Williams and Taylor set up shop outside a batch of port-a-potties near the entrance to J.P. Morgan’s office complex and geared up for protests. None sprung up…The two men said they expected some entertainment but by 11:45 a.m., with the meeting over for almost an hour and shareholders driving away, they realized they were out of luck. [MoneyBeat]

  • 20 May 2014 at 9:23 AM

Jamie Dimon Has A Five-Year Plan

JP Morgan Chase & Co. Chief Executive Officer James Dimon has told investors he wants to stay with the largest U.S. bank for as many as five more years, according to people familiar with the conversation. “I’m going nowhere,” Mr. Dimon said during an April 23 lunch at a hotel overlooking Boston Harbor, according to people who attended…The new clarity is a contrast to comments made by the 58-year-old Mr. Dimon a year ago as he hinted in a private meeting with investors he might leave the bank if shareholders voted to separate his roles of chief executive and chairman, according to people familiar with that conversation. [WSJ]

  • 12 May 2014 at 9:45 AM

Layoffs Watch ’14: JP Morgan

The House of Morgan is expected to lay off a whole bunch of employees this year. Those cuts, along with increased regulatory pressure, will somehow supposedly, eventually, cause Jamie Dimon to decide his gig as CEO is not worth the trouble and quit to become a shepherd, according to analyst Dick Bové. Read more »

  • 07 May 2014 at 4:08 PM

Glass Lewis Wants To Know Where JPMorgan Gets Off

…paying its top executives like they’re hot shit, when, in reality, they’re no better than, I don’t know, Citigroup. Read more »

Unfortunately things didn’t exactly pan out that way. Read more »